A two-condo renovation/infill on 11th Street NW, just a few blocks south of Wonderland Ballroom, is within 60 days of completion, developer Duane Young of
Redwood Ventures says.
The two 1500-square-foot condos at 2823 11th Street NW will go on sale shortly afterward.
The condos are currently undergoing major renovations and repairs, Young says. "[The building] was sound structurally, but the interior layout was terrible for the way people live today, so we thought it was best to gut the interior completely.
"Unfortunately, there was nothing salvageable on the interior — a lot of the wood was rotted, there were holes in the floors in many areas, and the floor joists were not secure. It was clear that the building had not been maintained, much less renovated, since the time it was built." Property records indicate that the building was constructed in the 1940s.
The new condos will each have three bedrooms, granite countertops, and stainless-steel appliances.
"We did a complete renovation, so the units are new construction with modern amenities in an established urban neighborhood," Young says.
Development on 11th Street NW has dramatically changed the look of the street in just the past few years, with restaurants replacing boarded-up shop windows and housing prices climbing in the double-digits last year. The project's architect, James Phillips, of Shaw-based Workshop T10, calls 11th Street NW "the funky new neighborhood."
Redwood Ventures, a Columbia Heights-based developer and construction firm, specializes in urban infill projects in up and coming neighborhoods. Redwood Ventures and Workshop T10 also were the team behind H Street NE's
Smith Commons, the bistro where President Obama famously dined in October 2012.